Absolute Core Value At Risk
| ABEQ Etf | | | USD 37.51 0.00 0.00% |
Technical inputs supporting the Value At Risk indicator for Absolute Core Strategy are shown here. Availability can differ across markets, exchanges, and instruments. Diversification context is available through
Trending Equities. Diversification context is built from the relationships between portfolio holdings. The holding in Absolute Core Strategy represents an allocation. It is represented within the portfolio holdings. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Absolute Core Strategy has current Value At Risk of
-1.30. Value At Risk (or VAR) is a statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
Value At Risk | = | ER[a] x N | + | (Z-SCORE x STD x SQRT (N)) |
| = | -1.30 | |
| ER[a] | = | Expected return on investing in Absolute Core |
| STD | = | Standard Deviation of Absolute Core |
| N | = | Number of points for the period |
| Z-SCORE | = | Number of standard deviations above or below the mean |
Value At Risk Peers Comparison
Value At Risk Relative To Other Indicators
Absolute Core Strategy is ranked
third for value at risk among related ETFs. It is currently under evaluation for maximum drawdown among related ETFs .
Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
Compare Absolute Core to Peers
Other Technical Indicators